Cheap Homes for Rent in Frankfort, IN from $400 (12 Rentals)

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Frankfort, IN Local Guide

Cheapest Available Frankfort Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankfort, IN is a Studio unit found at Turtle Creek Frankfort priced from $600. Eastgate Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek FrankfortEmeraldStudio,1BA$600
Eastgate TownhomesStudioStudio,1BA$650
STERLING COURT APARTMENTSApartment 1bd1BR,1BA$775
Nickel Plate FlatsCaruso1BR,1BA$875
Georgetown South1 Bedroom1BR,1BA$950

Best Value Apartments for Rent in Frankfort, IN and Nearby

As of April 15, 2025 the best value apartment in the Frankfort area is the $1.36 price per square foot 3 Bedroom 2.5 Bathroom The Lawrence Model at Honor Meadows Owner LLC in the in the Lebanon Whitestown neighborhood starting from $1,999. The second greatest value Frankfort apartment is the 2x1B R Model at Village Square Apartments starting at $1,149 with a $1.16 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Lawrence3BR,2.5BA$1.36
Village Square Apartments2x1B R2BR,1BA$1.16
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.14
Waterford CourtTwo Bed One Bath (CN1)2BR,1BA$1.06
Twyckenham ApartmentsTwo bedroom2BR,1BA$1.33
Georgetown South1 Bedroom1BR,1BA$1.19
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
Nickel Plate FlatsCaruso1BR,1BA$1.24
STERLING COURT APARTMENTSApartment 1bd1BR,1BA$1.30
Eastgate TownhomesStudioStudio ,1BA$1.35

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Frequently Asked Questions about Frankfort

What type of rentals are currently available in Frankfort?

There are currently 53 Apartments for Rent in Frankfort, IN with pricing that ranges from $600 to $3,334. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $400 to $3,500.

What is the current price range for Rental Homes in Frankfort?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankfort ranges from $400 to $3,500 with an average monthly rent of $1,328.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.